I'm very exited about this setup. Monthly timeframe shows big potential on long side. We can see similar priceaction on GBP/JPY. Price had hard time to go down. What happened later you can see for your self. I'm looking for similar scenario on CAD/JPY. All description is in the chart.
In my opinion it's to early to go long on this pair ... yet. To have a best opportunity and smallest risk I want to see price hit 0.7330 on horisontal supportline or even better, diagonal trendline at 0.73000 before I will hit any buy. I see 0.7500 as potential target area. Good luck!
Last friday we had a nice push down. Many of traders believed that this is it! It's time to go short on USD/CAD. I believe that there are two scenarios here. 1. Price will continue up and it's not end for uptrend yet. 2. Price will move up into stop-loss area to take out those and only then we will see fall. Usually what we can see is that price goes...
It seams like a flag pattern is under construction on this pair. We had also a very nice push down this week like I guessed on my first idea I published before on April 28th. I think there is more potential for bears to take over control on AUD/CAD. I have also put a tight stop-loss on my idea because there is no need to have it wide imo. if price moves in wrong...
Wait for some good spot on 4H or 1H chart before entering long position. Price may go down something at this moment May 3th. 13:50 (GMT+1)
After one terrible last week and taking some time out this week, now I'm looking for new trades for next week. There is a big resistance line on daily chart which goes back to April 2014, November 2016 and last now in end of March 2017. Will it break or will it be kicked back down?
Good opportunity to short on this pair
Hello, happy Easter to you all. If not today then probably next monday we should see AUD on this pair fall. Right now in this moment when writing the price have fight between bulls and bears. Price can and it will go up more before next fall.
Today I find it hard to trade any charts. But this one looks promising for daytraders or people how like higher risk. It's seems that US dollar have potential to go higher up right now. I recommend to watch closely on this one and have in mind that this are quite high area in uptrend for buying.
We can expect bounce up from fib 0.5 level up to 0.382 where also bollinger middle band will be touch. This gives us a great place to put in short position with target around support line at 1.2260 Have a nice weekend.
Our friend € feels kinda tired. I feel for shorting when price comes up to 0.5 and hit bollinger middle band. Set stop-loss above last highs. Set primary target to 1.40440, secondary all the way back down at 1.39600 Good luck guys and girls.
USD have shown weakness across aboard this monday. Will usd maintain it's weakness also today? Have in mind that price can go above last pinbar tops. Probably we have lots of stop-loss orders there. For perfect entry I want to wait a price to shoot over those tops before shorting with tight stop-loss in mind. Use tight stop-loss because the uptrend have been...
I will take this setup on EUR/JPY when all things are in place. So what we see on this chart is strong support in longer uptrend, RSI is holding it's line and Fib should hold it's level on 0,618 for bounce up.
Price has moved down lately, can it be time for reversal? Before I make my can I want to see price move below last spike. There is potential for that.
A fast idea. I see a good chance for short position. Enter round 1.43920 and hold at least to 1.41000 Have fun and trade with fear and greed in good balance.
Hello guys, this is my first idea on tradingview.com My first idea is for AUD/CAD So, before you open any short position wait for next retracement on 4H timeframe. Bears has shown more strength in last two weeks so downtrend should continue at least to support at 0.99828
Lately we have seen channel on this pair working perfect. I will monitor closely what priceaction is doing. If it looks good so enter for long position at fib 0.5 If price decides to break under so go for short or wait until price has come down to 106.220 level. Here it's great place to enter long for longer swingtrade. Happy trading all.
Euro was week last week. I believe that euro will continue to show more weakness soon. So prepare to entry short on this pair. This should go down when hit middle bollinger band. Happy trading everyone.